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Linnworks: Receives Majority Investment from Marlin Equity Partners | Fintech InShorts: Latest fintech news, analysis by experts

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Linnworks: Receives Majority Investment from Marlin Equity Partners

By Steve Sam

September 29, 2021

Linnworks Receives Majority Investment from Marlin Equity Partners

Linnworks, an Austin, Texas-based commerce automation platform, received a majority growth investment from Marlin Equity Partners
The amount of the deal was not disclosed
The company intends to use the funds to scale its product capabilities and accelerate global expansion
Initial growth capital will be used to expand its product suite, advance its core platform, and develop deeper intelligence capabilities
The investment will also support Linnwork continued expansion in North America and Europe to further enable brands in these regions to maximize customer acquisition
The company processes over $9 billion GMV each year globally